Selling two identical objects

A-Tier
Journal: Journal of Economic Theory
Year: 2022
Volume: 200
Issue: C

Authors (2)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

It is well-known that optimal (i.e., revenue-maximizing) selling mechanisms in multidimensional type spaces may involve randomization. We obtain conditions under which deterministic mechanisms are optimal for selling two identical, indivisible objects to a single buyer. We analyze two settings: (i) decreasing marginal values (DMV) and (ii) increasing marginal values (IMV). Thus, the values of the buyer for the two units are not independent.

Technical Details

RePEc Handle
repec:eee:jetheo:v:200:y:2022:i:c:s0022053121002143
Journal Field
Theory
Author Count
2
Added to Database
2026-01-24